Is Lantana, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lantana is a buyer's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Lantana was a Seller's Market.

Key Takeaway

Lantana is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Lantana, FL cost?

Median Sold Price

$325,000

$264/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$43,000(+15.2%)

Key Takeaway

Homes in Lantana have sold for 15.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $157.5K$170K
+7.9%
2 $215K$307.5K
+43.0%
3 $338K$400K
+18.3%
4 $860K$423.7K
-50.7%
5+ $3.6M$5.9M
+63.9%

Median Sold Price Compared To Nearby Cities

Hypoluxo
+42.4%
South Palm Beach
+33.7%
Lake Worth
+27.3%
Lantana
+15.2%

How many homes are available in Lantana, FL?

Number of Homes For Sale

Aug 2022Sep 2022%
6669+4.5%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 56
+20.0%
2 2728
+3.7%
3 2424
0.0%
4 88
0.0%
5+ 23
+50.0%

Number of Homes Sold

Aug 2022Sep 2022%
139-30.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lantana, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
21 Days21 Days-0.3%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lantana are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Lantana, FL

There are 69 homes are for sale in Lantana, FL real estate market. The number of listings in Lantana, FL increased by 4.5% between August 2022 and September 2022. The median list price of listings available in September 2022 was $325,000, while the average time on the real estate market was 21 days. This housing market listing prices have changed between August 2022 and September 2022: prices of 1 bedroom properties increased by 7.9%, prices of 2 bedrooms properties increased by 43%, 3 bedrooms properties prices increased by 18.3%, 4 bedrooms properties became 50.7% more cheaper, prices of 5 bedrooms properties went up by 63.9%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes went up by 20%, 2 bedrooms homes became 3.7% more available, 3 bedrooms homes did not move, number of 4 bedrooms homes remained the same, volume of 5 bedrooms homes went up by 50%. While more than 2 listings in Lantana, FL in September 2022 were sold above asking price, there were more than 2 listings sold at asking price, and more than 5 were sold below.

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